Luxury resort developments fall into several distinct types, each catering to different locations and experiences that buyers or real estate investors are looking for.
Beachfront resorts, as the name implies offer ocean views, with private villas, and luxury style residences that can come with features such as infinity pools, spa services, water sports, and fine dining, either within the resort of nearby.
Mountain location & ski resorts offer such accommodations as chalets and lodges, and can come with heated pools, après-ski experiences, gourmet restaurants, all for buyers seeking high-up locations and especially winter sports adventures.
The modern approach for some real estate developers is to focus on wellness & spa resorts that can provide meditation gardens, yoga pavilions, detox programs, organic cuisine and rejuvenating spa treatments.
For buyers and investors with significant monetary resources, private island resorts are an option that provides high-net-worth individuals with exclusive use of a private island, offering utmost privacy and often higher security.
Green or eco-luxury resorts use such facilities a solar energy, water conservation, eco-friendly construction, locally-sourced food, and nature tours, yet still offering luxury homes and villas to purchase, but without compromising on sustainability.
One could not talk about luxury resorts without mentioning golf resorts, where top end luxury homes, villas, condos and estate homes all center around world-class golf courses. This market is of high interest to golf enthusiasts seeking high-end courses and related services that a golf resort can bring.
Into the 21st Century comes the concept of very luxurious desert resorts, that provide oasis-like experiences, encompassing private villas, infinity pools with desert views, camel rides, stargazing and luxurious spas.
Each type of exampled luxury resort aims to offer unique, luxurious experiences to the owners. These sought-after experiences are also attractive to investors, who appreciate that there can be significant returns on investing within this special real estate market sector.
Why Buy or Invest in New Real Estate Developments in Norfolk Island.
Norfolk Island is a small, isolated territory, so there is a limited amount of land available for development. As the population grows and tourism increases, demand for real estate may rise, making it an attractive investment option.
The island is a popular destination for tourists, particularly those interested in its unique history, natural beauty, and rich culture. As tourism continues to grow, the demand for short-term rentals, vacation homes, and other types of real estate may increase.
Positioned between Australia and New Zealand, Norfolk Island has the potential to attract buyers or investors looking for a tropical, remote retreat. This strategic location makes it an ideal place for those seeking an escape from the hustle and bustle of mainland life.
Due to its small size and remote location, Norfolk Island doesn't have the intense real estate competition that larger markets face. This can mean lower entry costs and potentially better long-term value appreciation for investors who get in early.